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Date: Jan. 10, 2024, 8:11 p.m.

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Date: 2024-01-11 08:12:58.000000

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Complaint for Pesohere app

Published by Securities and Exchange Commission(SEC) on Jan. 10, 2024.
Requested from SEC by S. Lines at 08:11 PM on Jan. 10, 2024.
Purpose: Compare other lending platform with smallest interest.
Date of Coverage: 12/17/2023 - 01/10/2024
Tracking no: #SEC-334389745167

S.LINES Jan. 10, 2024, 8:11 p.m.

Good day, I have some very serious complain against Pesohere loan app. I downloaded the app not to apply for a loan ahead but to compare which lending platform/online applications has the smallest interest. It is truly not my intention to have an amount disbursed to my account right away. I was there to learn first what are the other fees or interest I have to pay before I push through. However, just after signing up they disbursed 2k to my Gcash but they notified me I needed to pay 3500 with only five-day repayment term. How is it possible and legal?!

I.GONZALES Jan. 11, 2024, 8:12 a.m.

January 11, 2024 Dear Sarah Jane, Thank you for your request dated Jan 10, 2024 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Complaint for Pesohere app. We received your request on Jan 10, 2024 and will respond on or before Jan 31, 2024 08:11:29 PM, in accordance with the Executive Order's implementing rules and regulations. Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy0zMzQzODk3NDUxNjcM, for request with ticket number #SEC-334389745167. Thank you. Respectfully, Isma Gonzales FOI Officer

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